India's Websol Energy hits record high on Falta project update

Websol Energy System

24/12/2024 05:56

** Shares of Websol Energy System  WESL.NS  jump as much as
3.9% to hit record high at 1,855 rupees 
    ** WESL on track to log biggest annual gain since listing in
2007, per LSEG data 
    ** The solar modules maker said it has made advance payments
and equipment orders for its expanded facility in Falta, West
Bengal 
    ** Commercial production of the facility is estimated to
commence in July 2026 - WESL 
    ** Stock up for fourth straight session 
    ** Last up 1.7%, extending YTD gains to over 640%
    

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))